Creating Value – Value Co-Creation and Value Destruction
Historically, value has been understood largely in economic terms centred on, for example, notions of price, cost, profits and shareholder wealth. However, contemporary understandings of value also point at value being created through and around products and, above all, services, experiences and relationships involved in creating good, or improving the well-being of people and situations which are considered valuable by various stakeholders.
The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the URI link. Open access
Citation : Stokes, P., Mahajan, G., Lucas, G. and Hughes, P. (2018) Creating Value – Value Co-Creation and Value Destruction, EFMDGlobal Focus, 12(2). pp. 44-47.
Research Institute : Centre for Enterprise and Innovation (CEI)
Peer Reviewed : Yes